12/14/20 AUSTRAC warns over “high risk” of junket operations The Australian financial crimes watchdog has released a complete risk assessment on the sector.
12/08/20 AUSTRAC: Casinos must oversee junket compliance AUSTRAC’s chief executive has said it would be “preferable” if all state gaming bodies implemented licensing regimes for junket operators.
12/02/20 Junket closes early retirement scheme after just one day A Macau company was offering ex gratia payments to employees in exchange for resignation but curtailed the scheme after just one day.
11/18/20 Crown parts ways with junkets for good The operator will only work with authorised junkets. It has begun a consultation with regulators from different states.
10/13/20 Macau: government income from junkets drops 24% Junkets accounted for only 46 per cent of last year’s GGR and paid US$37 million in taxes on commissions.
09/27/20 Crown suspends junkets until June 2021 The Australian operator has begun a review of its compliance processes in light of the ILGA’s public hearings.
09/23/20 VIP funds pour out of Macau Casino sources have lost billions in withdrawals as high rollers fear a crackdown from Chinese authorities.
